China, ROK to push for completion of FTA
Updated: 2013-06-28 00:38
The two sides reconfirmed that the goal of creating a China-ROK free trade zone is to reach a high-level and comprehensive free trade pact.
The two leaders welcomed the progress that has been made in FTA negotiations and instructed negotiation teams on both sides to strengthen their efforts in order to push the negotiations into their next phase, according to a joint statement issued Thursday.
In the joint statement, the two sides pledged to enhance economic and trade cooperation, as well as coordination on macroeconomic policies.
The two sides will also strengthen and expand communication channels in order to share experience in the areas of health, food security and demographic changes, it said.
During their talks, Xi and Park also agreed to enhance people-to-people exchanges between the two countries.
The two sides will beef up bilateral consular cooperation to facilitate personnel exchanges and safeguard the security, legitimate rights and interests of their people, according to the statement.